Neobank news and advice

Read all the latest neobank news written by Mozo's team of money experts so that you find the best neobanking solution for you.

Up wins banking innovation award in the 2021 mozo experts choice awards

Up wins banking innovation award in the 2021 Mozo Experts Choice Awards

At a time when spending, saving and transferring money can all happen at a touch of the fingertip, finding a banking app with all the right features has become a priority for many deposit customers. But without widely exploring your banking app options first, it can be difficult to know which providers are on top of innovation. That’s why Mozo has done the hard work for Australians, today announcing winners of the 2021 Mozo Experts Choice Awards for Banking Apps & Technology.As part of these awards, Mozo’s expert judges thoroughly assessed 74 different banking apps in order to find the ones with leading functionality for users. This year, neobank Up rose above much of the competition, winning two 2021 Mozo Experts Choice Awards for Excellent Banking App and Banking Innovation. The digital bank joins a cohort of much larger players like Commonwealth Bank and Macquarie Bank in the 2021 Excellent Banking App category, while it’s the only provider to snag the Banking Innovation title this year.

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Frollo named best money management app of 2021

Frollo named Australia’s best money management app of 2021

Whether out of necessity or choice, most Australians have their savings, loans, investments and superannuation spread across different institutions. But with so many accounts and figures to keep track of, maintaining an overall financial picture isn’t the easiest task.

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ICYMI: DayTek Capital buddies up with Visa, Alex launches personal loan

ICYMI: DayTek Capital buddies up with Visa, Alex launches personal loan

No it’s not just you - things have been quiet on the neobank front over the past few months, with just a few rate tweaks and minor feature releases of note. Neobanks have also taken a hit to their media profiles as a result of COVID-19, says media monitor Streem, particularly well known outfits like 86 400 and Xinja.

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